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Tag: debit card


Financial Services, Industries

Visa shares fall after report says DOJ is probing possible anticompetitive debit card practices

March 19, 2021

Via: CNBC

Visa shares dropped sharply in midday trading Friday after a report said the Justice Department has opened an investigation into its debit card business and possible anticompetitive practices. The department’s antitrust division has started to collect information on whether Visa, […]


News

US consumer spending leaps as late-December stimulus hits households, Bank of America says

January 22, 2021

Via: Markets Insider

Credit- and debit-card spending accelerated through the first two weeks of January as stimulus passed by President Donald Trump bolstered households’ balance sheets. Card spending climbed 6% from the year-ago period over the week that ended January 16, Bank of […]